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2023

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Sebi clarifies on shareholders' approval for directors appointment on listed PSUs boards

Economictimes.indiatimes.com 

India's capital markets regulator, Sebi, has said listed public sector banks will require shareholder approval for any appointments or reappointments of directors made at the next general meeting. Sebi has said persons who don't have shareholder support will cease to be directors. The comments came after an informal guidance request from the Bank of Baroda. Despite the clarification, Sebi hinted that its views may differ case by case.



Heroic actions by DGS employees save over a dozen in Grand St. fire

News10.com 

ALBANY, N.Y. (NEWS10) -- Wednesday's fire on Grand Street in Albany caused 15 people to lose their homes. No one was injured though, thanks to the work of some brave employees at the Department of General Services. “By the time we turned the corner the fire was all the way up, it was like a [...]

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Врач-офтальмолог Элина Санторо: как выбрать идеальные солнцезащитные очки


Sebi clarifies on shareholders' approval for directors appointment on board

Business Standard 

Listed public sector companies, including banks, will be required to take shareholders' approval for any appointment or reappointment to the board of directors in the immediate next general meeting, capital markets regulator Sebi has clarified. In case shareholders do not clear resolution for the appointment, such a person would cease to be a director, it added. Providing informal guidance to state-owned Bank of Baroda, the Securities and Exchange Board of India (Sebi) indicated that its views might differ on a case-to-case basis. Читать дальше...


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